DECLARATION OF AUDITED FINANCIAL RESULTS AS ON MARCH 31,2026
TIJARIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Tijaria Polypipes Ltd reported a net loss of Rs. 128.72 Lacs for FY2026 with total income of just Rs. 22.29 Lacs. The company has a negative net worth of Rs. 3378.97 Lacs, indicating severe capital erosion. The auditor issued a Disclaimer of Opinion, citing multiple material concerns: Bank of India declared the company's accounts as NPA since November 2020 with outstanding loans of Rs. 71.73 crore, and has filed an insolvency case with NCLT Jaipur. Receivables and advances of Rs. 2517 Lacs lack independent balance confirmations. Directors have been lending money to the company from personal accounts due to seized bank accounts. No production occurred during the quarter, and the textile segment remains closed. Income tax provisions have not been made.
The company is in severe financial distress with negative net worth and active insolvency proceedings at NCLT. The Disclaimer of Opinion from auditors is a major red flag for investors, indicating high risk of bankruptcy or restructuring. The stock carries extreme risk.